scholarly journals Fashion shows and fashion week during Covid-19 pandemic in 2020

2021 ◽  
Vol 69 (3) ◽  
pp. 29-36
Author(s):  
Milena Savić ◽  
Radmila Savić ◽  
Dragana Frfulanović
Keyword(s):  
Business Practices ◽  
Fashion Industry ◽  
Sustainable Business ◽  
Global Business ◽  
Environmental Challenges ◽  
Price Fluctuations ◽  
Doing Business ◽  
The World

The pandemic that hit the world in 2020 significantly affected global business and the fashion industry. Companies have been forced to rethink their current way of doing business, while consumers have reviewed their priorities, emerging needs and constraints, care for health, the environment, and the community. All these aspects together have shaped a slightly different global fashion market and companies' business practices, which have made great efforts to maintain their status, audience, and sales. The focus of this paper is Milan's "Fashion Week" held during 2020 and innovative technological solutions that serve to compensate for the limitations imposed by circumstances. Also, there's a few words about other (un)predictable situations such as price fluctuations, closure of production plants, overcoming safety and environmental challenges, and sustainable business.

scholarly journals Buddhism and Buddhist Business Practices

2019 ◽  
Vol 10 (2) ◽  
pp. 115
Author(s):  
Samuel L. Dunn ◽  
Joshua D. Jensen
Keyword(s):  
Business Environment ◽  
Business Practices ◽  
High Likelihood ◽  
Business Professionals ◽  
Global Business ◽  
Doing Business ◽  
Present Information ◽  
The World ◽  
Basic Understanding ◽  
History Of

The 21st century global business environment is more diverse and interconnected than ever before. As organizations continue to expand their global reach, business professionals often find themselves having to navigate challenging cultural and religious terrain, which they may not be prepared for. While it is impossible for someone to learn the intricacies of all cultures and religions throughout the world, one can seek to learn about some of the more prominent cultures and religions of the world – particularly those they have a high likelihood of engaging with at some point in his or her business career. This paper examines Buddhism, a prevalent religion throughout many parts of the world, and discusses how its culture and beliefs are manifested through Buddhist business practices. Particular focus is placed on business in Thailand, the country with the highest percentage of Buddhists. The purpose of this paper is to provide business professionals with a basic understanding of the history of Buddhism, an overview of the major beliefs of Buddhists, and to present information that will assist business professionals in successfully navigating intercultural affairs when doing business with Buddhists in Thailand or around the world.

scholarly journals Hinduism and Hindu Business Practices

2018 ◽  
Vol 10 (1) ◽  
pp. 33
Author(s):  
Samuel L. Dunn ◽  
Joshua D. Jensen
Keyword(s):  
Business Environment ◽  
Business Practices ◽  
High Likelihood ◽  
Business Professionals ◽  
Global Business ◽  
Doing Business ◽  
Present Information ◽  
The World ◽  
Basic Understanding ◽  
History Of

The 21st century global business environment is more diverse and interconnected than ever before. As organizations continue to expand their global reach, business professionals often find themselves having to navigate challenging cultural and religious terrain, which they may not be prepared for. While it is impossible for business professionals to learn the intricacies of all cultures and religions throughout the world, one can seek to learn about some of the more prominent cultures and religions of the world – particularly those they have a high likelihood of engaging with at some point in business. This paper examines Hinduism, a prevalent religion throughout many parts of the world, and discusses how its culture and beliefs are manifested through Hindu business practices. Particular focus is placed on business in India, the country with the largest number of Hindus. The purpose of this paper is to provide business professionals with a basic understanding of the history of Hinduism, an overview of the major beliefs of Hindus, and present information that will assist business professionals in successfully navigating intercultural affairs when doing business with Hindus in India and around the world.

Mission 2050 - Deutsche Post DHL's path to carbon neutral logistics

2020 ◽  
Author(s):  
Henrik von Storch
Keyword(s):  
Greenhouse Gas ◽  
Corporate Citizenship ◽  
Carbon Accounting ◽  
Emissions Reduction ◽  
Business Practices ◽  
Sustainable Business ◽  
Carbon Offsetting ◽  
First Choice ◽  
The World ◽  
Tackle Climate Change

<p> <em>Deutsche Post DHL Group is the world’s leading logistic company. </em><em>The Group connects people and markets and is an enabler of global trade. It aspires to be the first choice for customers, employees and investors worldwide. To this end, Deutsche Post DHL Group is focusing on growth in its profitable core logistics businesses and accelerating the digital transformation in all business divisions. The Group contributes to the world through sustainable business practices, corporate citizenship and environmental activities. By the year 2050, Deutsche Post DHL Group aims to achieve zero emissions logistics. Deutsche Post DHL Group is home to two strong brands: DHL offers a comprehensive range of parcel and international express service, freight transport, and supply chain management services, as well as e-commerce logistics solutions. Deutsche Post is Europe’s leading postal and parcel service provider. Deutsche Post DHL Group employs approximately 550,000 people in over 220 countries and territories worldwide. The Group generated revenues of more than 63 billion Euros in 2019.</em> <em> </em> <em>Deutsche Post DHL Group’s greenhouse gas footprint was 28.95 million tonnes CO2e in 2019. We acknowledge our responsibility to tackle climate change and have committed to net-zero emissions by 2050 in 2017. We do not only rely on the further development of technologies to reduce our carbon footprint but also on collaboration with our customers and transport partners to achieve the aspired emission reduction. Less knowingly, companies like Deutsche Post DHL group need suitable and reasonable standards for carbon accounting to allocate emissions reduction to the party funding them. Based on the rationale that emissions reduction is not always possible or reasonable where the funds are located but at another location, the concept of carbon offsetting was invented based on the rules set out by the Kyoto Protocol. Carbon offsetting has never been acknowledged in international carbon accounting standards such as the greenhouse gas protocol. The rationale behind this is the target to drive emissions reduction in each and every emitting sector. This is why we call for a new approach to enable faster emissions reduction called insetting. With this approach, emissions reduction become tradable within the sector and independent of local availability of carbon reducing technologies, each and every emitter can contribute to reducing emissions in their sector.</em></p>

CHANGING GLOBAL ENVIRONMENT AND CHALLENGES OF INTERNATIONAL BUSINESS

2020 ◽  
pp. 43-48
Author(s):  
Dr. K.Madhava Rao
Keyword(s):  
International Business ◽  
Communication Technology ◽  
World Trade ◽  
Free Market ◽  
Business Leaders ◽  
Online Marketing ◽  
Global Business ◽  
Conceptual Base ◽  
Doing Business ◽  
The World

Rapid advancement of Information & Communication Technology (ICT) provides a newer shape of business. Pattern of doing business has changed into a completely different format. Concept of free market economy got its existence from the conceptual base through the advancement of online marketing facility. Countries are working to come closer through different regional blockings as well as under the multilateral trading system through the World Trade Organization (WTO)s active intervention to make international trade easier than ever. World Customs Organization (WCO) introduced HS Code system to harmonize world trade facilitate quick customs clearance. After all globalization get a momentum in last decade and many non-tariff, Para-tariff barriers are addressed and in a considerable position of solution of the problems. Countries are negotiating and committed to co-operate each others to ensure free movement of trade around the globe. As a result new issues are coming into emergence with challenge or opportunity in its two sites. Nowhere, perhaps, was it felt more keenly than in the world of international business. Political, economic, and environmental issues are increasingly becoming the remit of international business leaders as much as governments. The next generation of global business leaders, embracing the opportunities and challenges of international business. While the global marketplace becomes more interconnected and accessible, the risks involved in doing business abroad are not to be taken lightly. The aim of the research is to introduce and explain international business in an important emerging light of globalization. The paper concludes that business people and governments around the world will have to be more knowledgeable about the international dimensions of management than at any time in the past. KEYWORDS: World Customs Organization, International dimensions, Globalization, Communication Technology.

scholarly journals ОСОБЛИВОСТІ УПРАВЛІННЯ ФЕШН-БРЕНДАМИ В УМОВАХ НЕСТАБІЛЬНОГО СЕРЕДОВИЩА

2021 ◽  
Vol 155 (1) ◽  
pp. 28-36
Author(s):  
Наталія Я. Корнілова ◽  
Олена М. Ніфатова
Keyword(s):  
Crisis Management ◽  
Brand Management ◽  
Market Competition ◽  
Business Environment ◽  
Fashion Industry ◽  
Market Environment ◽  
Global Business ◽  
Brand Building ◽  
Depth Analysis ◽  
The World

The article seeks to explore the contemporary issues of fashion brand management specifics in a volatile global business environment. Based on the survey on the fashion industry market dynamics, the study has identified the key reasons for its drastic slump associated in the first place with shutting down of offline stores, supply chain disruptions as well as with a drop in the purchasing power of population. The COVID-19 pandemic brought the world to a massive global "reset", changes in mind-sets, norms, rules and everyday life which has spurred the need to adapt to new business settings by all market participants including the fashion industry sector. The modern fashion industry in Ukraine has undergone radical transformation and has become an influential actor of the world fashion market. Following a comprehensive approach to review the phases of brand creation and brand building process, this study suggests a designer brand development and promotion strategy to be implemented in the current realia of Ukrainian fashion industry. In this context, it is argued that brand management in the area of fashion industry should focus on imposing systemic effects on market environment, maintaining stability in holding positions in promising market segments and implementing robust crisis strategies in brand building. It is emphasized that the purpose of creating a crisis strategy in the fashion market is to search for the key priority pathways to enhance business development subject to the market environment and resources available. Based on the Porter's competitive forces model, the study offers an in-depth-analysis of the fashion market by identifying factors that affect this segment development and determine market competition. It is concluded that a good crisis management paradigm should involve a well-designed strategy for business information collection and monitoring of external and internal environment. It is also argued that to be effective, a crisis management action plan should involve a consistent integrated systemic approach.

scholarly journals How does a future-fit economy take root? An analysis of diffusion and adoption of future-fit business practices in brewing and printing companies

2021 ◽  
Vol 30 (2) ◽  
pp. 114-121
Author(s):  
Sabrina Schmidt ◽  
Matthias Rätzer
Keyword(s):  
Institutional Change ◽  
Change Agents ◽  
Sustainable Production ◽  
Ecological Crisis ◽  
Business Practices ◽  
Sustainable Business ◽  
Profound Change ◽  
Doing Business ◽  
The Face

Only a few companies are seeking to contribute to a future-fit way of doing business. As such, they are considered major drivers of institutional change. However, conventional companies are not likely to follow these new paths based solely on good examples.In the face of the worsening ecological crisis, more and more people are looking to pioneering companies which have made it their task to be part of the solution to this problem by deploying sustainable production and business practices. But how do these future-fit approaches spread within the economy? We present results from brewing and printing companies which suggest that successful diffusion of these approaches may be more complex than commonly assumed. For example, conventional companies tend not to adopt sustainable business practices merely because they are being promoted by future-fit small and medium-sized enterprises. Rather, change agents in conventional companies must be educated on how specific sustainable business practices serve as concrete solutions. Additionally, these practices must align with the company’s predominant view of the problem. Our results stress that future-fit companies cannot be the exclusive drivers of profound change; rather, they can only make their contribution when supported in this effort by science, politics and society in general.

Adopting Sustainable Business Practices: Great for Business, Great for the World

2012 ◽  
Vol 5 (4) ◽  
pp. 203-206
Author(s):  
Bruce Hagenau
Keyword(s):  
Business Practices ◽  
Sustainable Business ◽  
The World

scholarly journals Perception of Consumers’ Awareness about Sustainability of Fashion Brands

2021 ◽  
Vol 14 (12) ◽  
pp. 594
Author(s):  
Doroteja Mandarić ◽  
Anica Hunjet ◽  
Goran Kozina
Keyword(s):  
Positive Attitude ◽  
Consumer Attitudes ◽  
Descriptive Statistics ◽  
Business Practices ◽  
Fashion Industry ◽  
Purchasing Decisions ◽  
Sustainable Business ◽  
Fashion Products ◽  
Sustainable Fashion ◽  
And Behavior

Consumers’ perception, awareness, and behavior toward sustainable fashion were surveyed with a questionnaire in which 263 respondents participated, and obtained data were primarily analyzed using descriptive statistics and t-test. The focus of this research was consumer attitudes toward sustainable business practices of fashion brands. Based on the conducted research, differences were found between sexes in the perception of their own awareness of sustainability in fashion, where women consider their own awareness to be higher than men’s. The perception of fashion sustainability awareness in women younger than 35 and those over 36 was also examined. The research showed a gap between consumers’ awareness, their positive attitude toward sustainable fashion, and a lack of action in that direction when making purchasing decisions. The results of these studies provide a better understanding of one’s own perception of awareness in terms of fashion sustainability and various connected factors, as well as difference in both sexes’ awareness of these factors, which may influence consumer behavior related to sustainable fashion products. Thus they can facilitate the implementation of relevant strategies in the fashion industry.

scholarly journals Focus Factors: Exploring Cross-Cultural Business Dynamics Of Making Deals And Building Relationships In India

2011 ◽  
Vol 7 (1) ◽  
Author(s):  
Andrew H. Clem ◽  
Bahaudin G. Mujtaba
Keyword(s):  
Global Economy ◽  
Asian Country ◽  
Cross Cultural ◽  
Relationship Building ◽  
Business Practices ◽  
Indian Culture ◽  
Global Business ◽  
Cultural Leadership ◽  
Building Relationships ◽  
The World

The world houses a grand spectrum of people and cultures constantly changing and renewing themselves. Some of these peoples are historic and rich with culture, while others are relatively new in history and evolving every day. These cultures are not self-reliant, nor are they self-communicating.  Spread out across every continent, the various cultures and countries of the world are morphing and forming relationships at a rate faster than ever before. As technology continues to flourish, markets and economies continue to become intertwined as well. Cultures and business practices are often vastly different. A serious effort from global business leadership needs to be placed on learning about culture as business deals are formed and negotiated. India is an Asian country containing both a rich history, as well as an extremely significant presence in the current global economy. By presenting a general overview of India, a progressive look at more focused concepts can then be explored. Concepts, such a global cross-cultural leadership, can be looked into as well as how cultures compare and contrast to the business behaviors within India. Furthermore, a broad overview of Geert Hofstede’s research on India is explored for reflection and application. One of the more important focus factors that will be displayed is how negotiation plays into inter-cultural business dealing with India. By focusing on cross-cultural leadership and behavioral dynamics of Indian culture, a greater chance of success in relationship-building and business partnership opportunities can be solidified.

The Impact of Climate Change on Global Entrepreneurial Activities

2021 ◽  
pp. 446-462
Author(s):  
Mkhothi Tshabalala ◽  
Andrisha Beharry Ramraj ◽  
Jayrusha Ramasamy-Gurayah
Keyword(s):  
Climate Change ◽  
Production Efficiency ◽  
Triple Bottom Line ◽  
Business Practices ◽  
Sustainable Business ◽  
Bottom Line ◽  
Business Sustainability ◽  
The World ◽  
Entrepreneurial Activities ◽  
The Impact

In this era of climate change, there has been urgent calls for entrepreneurs to adopt sustainable business practices. Entrepreneurs need to seek to increase their production efficiency. Entrepreneurs have looked at sustainability as a solution to improve value for society, the environment, and financial gains for their businesses. Businesses around the globe are embracing entrepreneurial business sustainability with the aim of increasing their triple bottom line. Climate change has challenged not only governments across the world but also businesses. Businesses around the globe are embracing entrepreneurial business sustainability with the aim of increasing their triple bottom line. Climate change has challenged not only governments across the world but also businesses, and as a result, efforts have been made by various stakeholders such as the United Nations to assist countries in mitigating the consequences of climate change on economic, social, and ecological dimensions.

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